About

Tactic automates the financial management of cryptocurrency transactions for businesses and individuals involved in the crypto market, such as traders and companies that accept cryptocurrencies. The platform simplifies the traditionally manual process of tracking and reconciling transactions, which often required users to navigate blockchain explorers and update spreadsheets. By providing a software-as-a-service (SaaS) solution, Tactic allows users to subscribe for access to its features, offering tiered pricing plans to accommodate different needs. This subscription model not only generates steady revenue but also delivers significant time savings and improved accuracy for users, enabling them to focus on their core activities rather than administrative tasks. Tactic's goal is to streamline the financial management of cryptocurrency transactions, making it easier for users to manage their crypto activities.

Simplify's Take

What believers are saying

• The acquisition by TaxBit could provide Tactic with additional resources and market reach, enhancing its growth potential.
• Securing $11 million in an oversubscribed funding round during a market downturn demonstrates strong investor confidence and financial stability.
• Tactic's automation capabilities significantly reduce the administrative burden on users, allowing them to focus on core activities and potentially increasing user satisfaction and retention.

What critics are saying

• The volatile nature of the cryptocurrency market could impact Tactic's user base and revenue stability.
• Integration challenges with TaxBit post-acquisition could lead to operational disruptions and affect service quality.

What makes Tactic unique

• Tactic.com automates the manual and time-consuming process of tracking and reconciling crypto transactions, a unique value proposition in the fintech space.
• The company's SaaS model with tiered pricing plans caters to a wide range of users, from individual traders to large enterprises, unlike competitors who may not offer such flexibility.
• Tactic.com’s focus on cryptocurrency financial management sets it apart from traditional financial management tools that do not cater specifically to the complexities of blockchain transactions.